Civic Intelligence

National Stripper Well Association

EIN 52-2328209 • 501(c)6 • Ada, OK

Profile

National stripper well association strives to promote the general advancement of the stripper well industry. National stripper well association also periodically prepares a newsletter for its members updating them on issues affecting the stripper well industry.

2313 N BroadwayAda, OK 74820

nswa.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

-1.8%

Higher net margin than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

43rd percentile

-4.5%

Faster asset growth than 43% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

6.9%

Faster revenue growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$101,379

Down $4,768 (-4.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$101,379

Down $4,768 (-4.5%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin44th percentile

Revenue

Up

$265,157

Up $17,185 (+6.9%) from 2023

Expenses

Up

$269,925

Up $27,130 (+11%) from 2023

Net Income

Down

-$4,768

Down $9,945 (-192%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $217,999Liabilities 2010: $0Net Assets 2010: $217,9992010Assets 2011: $212,389Liabilities 2011: $0Net Assets 2011: $212,3892011Assets 2012: $230,321Liabilities 2012: $0Net Assets 2012: $230,3212012Assets 2013: $260,199Liabilities 2013: $0Net Assets 2013: $260,1992013Assets 2014: $380,792Liabilities 2014: $0Net Assets 2014: $380,7922014Assets 2022: $100,970Liabilities 2022: $0Net Assets 2022: $100,9702022Assets 2023: $106,147Liabilities 2023: $0Net Assets 2023: $106,1472023Assets 2024: $101,379Liabilities 2024: $0Net Assets 2024: $101,3792024

Highlighted filing

2024

Assets$101,379
Liabilities$0
Net Assets$101,379
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $320,3532010Expenses 2011: $350,0172011Revenue 2012: $397,327Expenses 2012: $379,395Net Income 2012: $17,9322012Revenue 2013: $396,057Expenses 2013: $366,179Net Income 2013: $29,8782013Revenue 2014: $790,690Expenses 2014: $670,097Net Income 2014: $120,5932014Revenue 2022: $245,947Expenses 2022: $237,815Net Income 2022: $8,1322022Revenue 2023: $247,972Expenses 2023: $242,795Net Income 2023: $5,1772023Revenue 2024: $265,157Expenses 2024: $269,925Net Income 2024: -$4,7682024

Highlighted filing

2024

Revenue$265,157
Expenses$269,925
Net Income-$4,768
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,379
Liabilities
$0
Net assets
$101,379
Revenue
$265,157
Expenses
$269,925
Net income
-$4,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$2.65$2.70$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$2.48$2.43$0.05
2022Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$2.46$2.38$0.08
2014Summary only. Only limited summary data is available for this year.$3.81$0.00$3.81$7.91$6.70$1.21
2013Summary only. Only limited summary data is available for this year.$2.60$0.00$2.60$3.96$3.66$0.30
2012Summary only. Only limited summary data is available for this year.$2.30$0.00$2.30$3.97$3.79$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$3.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.00$2.18$3.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.2
Gross Receipts
$265,157
Mission and Program Overview

Mission

National stripper well association strives to promote the general advancement of the stripper well industry. National stripper well association also periodically prepares a newsletter for its members updating them on issues affecting the stripper well industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,147$101,379▼ $4,768
Rtn Earn Endowment Incm Other Fnds$106,147$101,379▼ $4,768
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$106,147$101,379▼ $4,768
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$106,147$101,379▼ $4,768
Total Liabilities and Net Assets / Fund Balance$106,147$101,379▼ $4,768
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Dick SchremmerChairman
Patrick MontalbanChairman
Nick PowellPast Chairman
J Nelson WoodVice Chairman
CAMERON McCASLANDBoard Member
DANNY McCORMICKBoard Member
Drew MartinBoard Member
Fred FesenmyerBoard Member
JUSTIN McCLELLANDBoard Member
Jennifer MullBoard Member
Jesse MiddaghBoard Member
NATHAN McLELANDBoard Member
Nicole KoelschBoard Member
SAM McKOWNBoard Member
Stacee DoverBoard Member
Terrance TschatschulaBoard Member
Aaron HeesDirector
Bob Sullivan JrDirector
Brian HarmonDirector
Courtney BrackinDirector
Darlene WallaceDirector
Dave MurfinDirector
Dewey Bartlett JrDirector
Don Montgomery JrDirector
Elizabeth BrownDirector
Ken Hunter IiiDirector
Larry BatesDirector
Mike CantrellDirector
PATRICIA O'NEALDirector
Sam BradleyDirector
Stan NobleDirector
Zack TaylorDirector
Eric DimentSecretary
Will DarrahTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$265,081
Investment Income
$76
Other Revenue
$0
Change in Net Assets
$-4,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,925
Total Fundraising Expense$53,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$81,000--$81,000
Fees for Services Lobbying$54,665--$54,665
Fees for Services Other$53,523-$53,523$53,523
Fees for Services Legal$11,383--$11,383
All Other Expenses$10,007--$10,007
Other Expenses$4,650--$4,650
Fees for Services Accounting$2,406--$2,406
Insurance$730--$730
Travel$500--$500
Total Functional Expenses$269,925$0$53,523$269,925
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Return will be reviewed by the chariman and executive director.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Form 990, Part VI, Line 11B-form 990 Review Process

“Review of the completed form 990 was conducted by somerlyn cothran of cothran development strategies the organizations manager.”

Form 990, Part VI, Line 19 - Other Organ Documents Publicly Available

“No other documents available to the public.”

Filing and Contact Details

Filer

Filer Name
National Stripper Well Association
EIN
52-2328209
Phone
5803324710
Address
2313 N BROADWAY, ADA, OK 74820

Signing Officer

Name
Somerlyn Cothran
Title
Executive Director
Signed
2025-06-30
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Dc
Voting Board Members
34
Independent Board Members
3
Employees
0

Preparer

Firm
Mark Bahm CPA Pc
Address
6 NE 63rd St Ste 400, Oklahoma City, OK 73105
Preparer
Mark Bahm
Phone
4058406075
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 - Organization Mission

“National stripper well association strives to promote the general advancement of the stripper well industry. National stripper well association also periodically prepares a newsletter for its members updating them on issues affecting the stripper well industry.”

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